O’Brien Group Australia would like to congratulate our principal Superannuation partner, Hostplus, for achieving the #1 ranking for super fund returns in Australia for the 2016/17 financial year. They achieved a massive 13.2% return for their balanced fund (being the default fund that most members are invested in), which was 0.8% more than for any other balanced fund and a massive 2.5% ahead of the median return for balanced funds.

Hostplus also ranked 4th in Australia in the list of Top 10 Performing Growth Funds for the 10 years to 30 June 2017 with an average return of 5.8%.

These results are significant for staff who have their retirement funds invested with Hostplus. We are proud to partner with Hostplus and delighted to know that the vast majority of our staff have their hard-earned retirement funds invested with Australia’s leading Superannuation fund.

In further good news, Hostplus also recently announced a cut to the cost of premiums for life and disability insurance offered as a part of members super funds. The 6% cut represents a significant saving, which for most members will mean an increase to their super balance.’